IOL Chemicals receives European drug regulator nod to export Paracetamol by admin- Monday, May 8th, 2023 05:43:30 PM
IOL Chemicals and Pharmaceuticals Ltd (IOL), received the European Directorate for the Quality of Medicines & HealthCare’s (EDQM) Certificate of Suitability (CEP) to export Paracetamol to the European Market. Paracetamol is utilised typically in medicinal drug prescribed for pain alleviation and to treat fever.
The certification issued by means of the EDQM verifies the compliance of pharmaceutical materials and with this backing, IOL will now be able to export Paracetamol to the European continent. The business enterprise started industrial manufacturing of the identical in 2022 in its Punjab-based facility in which it is also backward included to provide the important thing beginning fabric for Paracetamol.
At gift, IOL has a complete capacity of 3,six hundred tonnes to supply Paracetamol.
IOL is the arena’s biggest manufacturer of Ibuprofen API with 33% marketplace percentage globally. Additionally, it has over 13 APIs in its portfolio, consisting of Metformin, Fenofibrate, Lamotrigine, Clopidogrel Bisulphate, and Pantoprazole.